🚨 $LTC ON THE EDGE OF A BREAKOUT – $126 IS KEY! 🚨
Litecoin ($LTC ) is currently trading at $126.22, showing a sharp rebound from the recent low of $114.37. The price has regained strength after testing support, now aiming for the critical resistance level at $131.48. If LTC maintains this upward momentum, traders can anticipate a push toward $128.50, followed by a potential climb to $130.00 and $131.50. However, a dip below the immediate support at $124.00 could trigger a reversal, with a stop-loss placed at $122.50 for risk management.
The RSI stands at 64.68, indicating strong bullish momentum while staying below overbought levels. Meanwhile, the MACD is nearing a bullish crossover, hinting at further upward pressure if buying volume persists. Traders should closely watch the $126 zone as LTC prepares for its next big move, potentially breaking through resistance.